Indianapolis, IN — income, home value, property tax, and sales tax.
Households in ZIP code 46118, near Indianapolis, earn a median of $78,298 a year, with per-capita income at $36,101. That earnings base supports a median home value of $276,900, and the county's 0.81% effective property tax rate translates into roughly $2,240 annually on such a home. Sales tax in the area runs 7.00%, so everyday purchases carry a noticeable add-on. Together these figures sketch a budget where housing costs and consumption taxes claim steady shares of income, while the income level itself sits comfortably above many parts of the state.
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